Mumbai, May 22 (IANS) Air India Chief Executive Campbell Wilson has said his successor will have “hands full” as the carrier struggles with a ban on using Pakistan’s airspace, fallout from the Iran war and higher operating costs due to strong US dollar.Speaking at an event in New York, Wilson said he would depart the company within two months and the next four years would be “just as challenging as the past, albeit in a different way.”He pledged to help ensure a smooth transition, and …
Latest fuel prices News & Updates
Bengaluru, May 21 (IANS) Hinting that the state government would not roll back taxes on petrol and diesel, Karnataka Chief Minister Siddaramaiah on Thursday questioned the media’s focus on the state’s taxation policy while the Centre increases the fuel prices sharply.”They (the Centre) will hike the prices of fuel, and are we supposed to reduce them? Why doesn’t the media question them on this issue? Instead, the media keeps asking us whether we will reduce prices,” Siddaramaiah said in respon…
New Delhi, May 21 (IANS) Pakistan’s headline inflation is expected to accelerate sharply to 12.2 per cent year-on-year (YoY) in May 2026, driven by rising fuel and food prices despite some relief from lower electricity tariffs, a report has said. The data compiled by Optimus Capital Management projected that Pakistan’s National Consumer Price Index (NCPI) would rise around 1 per cent month-on-month, while core inflation is likely to remain elevated at 8.4 per cent year-on-year.According to t…
New Delhi, May 20 (IANS) Rajya Sabha MP Sasmit Patra met Finance Minister Nirmala Sitharaman on Wednesday and submitted a detailed representation urging the initiation of structured national deliberations on the inclusion of petrol and diesel under the Goods and Services Tax (GST) framework. In his representation, Patra emphasised that the constitutional framework under Article 279A(5) already envisages the eventual inclusion of petroleum products within GST through the recommendation of the GST…
New Delhi, May 20 (IANS) Operating profitability for Indian cement companies is expected to moderate in 2026-27 as higher power and fuel prices and rising selling costs linked to geopolitical tensions in West Asia weigh on margins, a report said on Wednesday.The report from ICRA highlighted that the OPBIDTA per tonne for its sample set of cement companies is projected to ease by 10–15 per cent to Rs 820–870 per metric tonne in 2026-27, from an estimated Rs 950–980 per metric tonne in 2025-…
Lucknow, May 19 (IANS) Samajwadi Party (SP) President Akhilesh Yadav on Tuesday took a jab at the Uttar Pradesh Chief Minister Yogi Adityanath for opposing ‘namaz’ on public roads, saying “will the government stop us from holding press conference on road”.Yadav attended a ‘bhandara’ at the Lucknow’s Hazratganj area where he distributed ‘prasad’ during the ongoing ‘Jyeshtha’ month celebrations.Addressing the media at the event, the SP Chief asserted that the country and its Constitution are equal…
New Delhi, May 19 (IANS) Rising fuel prices and inflation on Tuesday sparked a fresh political confrontation, with Opposition leaders accusing the Centre of pushing common people into distress, while the BJP defended the situation by calling it a global crisis affecting economies worldwide.AAP leader Anurag Dhanda, attacking the Centre, said auto and truck drivers were being forced towards protest due to increasing prices of CNG, petrol and diesel.”Auto drivers have now announced that they will …
Guwahati, May 19 (IANS) Assam Transport Minister Charam Boro on Tuesday appealed to people to reduce the use of private vehicles and rely more on public transport in view of the rising prices of petrol and diesel. Speaking to reporters shortly after assuming charge of the department, Charam Boro said the government is reviewing measures to ease pressure on commuters and improve public transport facilities across the state.He said people should make collective efforts to minimise fuel consumption…
Jaipur, May 19 (IANS) Rajasthan witnessed the second hike in petrol and diesel prices within a week on Tuesday, as petroleum companies increased petrol rates by around 94 paise per litre and diesel by approximately 91 paise per litre. Following the latest revision, petrol prices in Jaipur have risen to Rs 108.91 per litre, while diesel is now being sold at Rs 94.14 per litre.The fresh increase comes just four days after fuel prices were hiked by Rs 3 per litre on May 15, intensifying concerns ov…
New Delhi, May 19 (IANS) Congress President Mallikarjun Kharge on Tuesday criticised the Centre over the latest increase in petrol and diesel prices, alleging that the government was burdening common citizens while attempting to cover up its policy failures. His remarks came after state-run oil marketing companies raised petrol and diesel prices for the second time in less than a week amid rising global crude oil prices.Taking to social media platform X, Kharge said, “It has been barely four d…